A house would not be condemed for having cracks in the foundation or the walls, or if the windows or doors were sticking and not closing properly. But depending upon the severity of the cracking, it is very expensive to shoreup or "underpin" an entire house...plus to pay for the residents having to vacate the property while the work is being done....it all totals up. You only need XX percent of damages or total expenses that an insurnce company is expected to pay for them to pay the entire amount of the policy...and then its over with for the insurance company. Its not like the house is going to fall into a hole...if that were the case , catastrophic ground collapse insurance would take over.
A $50K bill would be minimal and 10% deductible is $5K out of your pocket. The option is ......what????
This said , it happens very infrequently....but does happen.
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